LED lights are versatile, they last longer, they save you money; but you probably haven’t thought about the overall impact they have on the US economy as a whole. According to the US Dept. of Energy, LED energy savings could reduce energy consumption by as much as half by the year 2030.
DOE estimates LED savings of $250 billion
So what does that mean in real dollars? According to the DOE, that’s an estimated LED savings of $250 billion.
Energy savings from the potential LED market over 2010-2030 is an estimated 2700 TWh, a savings of $250 billion at today’s energy prices or the equivalent of 1800 million metric tons of carbon. This is in comparison to the 1800 TWh of savings estimated in the 2010 report of energy-savings potential.
DOE estimates that by as early as 2020, LED lamps will have substantially penetrated both commercial and the outdoor applications. Further penetration into the residential, industrial, commercial and outdoor stationary markets will occur in the 2020-2030 timeframe.
So what does this mean to you?
So why should you care about this data from the DOE? Because it validates exactly why you should be making the switch over to LED lighting today. Why wait to catch up with the competition? Why put off saving money? The longer you wait, the more money you lose. Switching over to LED lighting is not just a good idea, it’s a good investment.